New Stock News | Suzhou UIGreen Micro&Nano Technologies (688661.SH) plans to issue H shares and list on the Hong Kong Stock Exchange.
The company's core technology is micro-precision manufacturing, and its current products mainly include MEMS microelectronic components, semiconductor chip test probes, and micro drive systems.
On June 30, Suzhou UIGreen Micro&Nano Technologies (688661.SH) announced that in order to further promote the company's globalization development strategy, enhance the global brand awareness and competitiveness, consolidate its industry position, and better utilize the advantages of international capital markets, optimize its capital structure, expand diversified financing channels, improve corporate governance and core competitiveness, the company is planning to issue overseas shares (H shares) and list on the Hong Kong Stock Exchange. The details are still pending, and this H-share listing will not result in any changes to the company's controlling shareholders or actual controllers.
According to the information, the company's underlying technology is micro-precision manufacturing. Its current products mainly include MEMS microelectronic components, semiconductor chip testing probes, and micro-drive systems. In the field of semiconductor chip testing probes, the company has become a probe supplier for internationally renowned chip and semiconductor packaging and testing manufacturers; in the field of MEMS microelectronic components, the company has successfully entered into the international advanced MEMS manufacturer supply chain system through active participation in international competitions and has accumulated high-quality customer resources.
In terms of performance, in 2024, the company achieved a revenue of 569 million yuan, up 99.13% year-on-year; its net profit attributable to shareholders was -0.09 billion yuan, a decrease compared to the previous year. In Q1 of 2025, the company achieved a revenue of 209 million yuan, an increase of 115.95% year-on-year; its net profit attributable to shareholders was 0.27 billion yuan, an increase of 589.99% year-on-year.
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